Ignore the colors, in that one the [DashBoard viewDidLoad] is the source of the leak, something in how it's initializing a URLConnection (possibly you did not free that when the connection was finished?)
Now to answer the other questions you had:
- Why we must resolve all the leaks? -
even a single leak can chock up
iPhone ?
Yes. Part of the reason is not only that you will simply run out of memory, but since there is only so much memory to go around for the whole phone a watchdog application is constantly monitoring your app and will shut it down early if it sees memory use only ever growing...
- Why iPhone allows leaks to be remain
in memory? / why garbage collection
isn't done automatically after
termination of application?
All your application memory is freed when the app quits.
- If I try to dealloc objects which
should be deallocated according to
instruments, My application
terminates abnormally. If I don't
dealloc, My application runs
perfectly, How?
Here I can't help, you really need to read more on the retain/release memory cycle... if you release an object that has a retain count of 0, the app crashes because the object is gone.
- Why it is suggested that you wait in
a view up to 10 or more seconds, if
there is a leak, leak will be
detected by Instruments?
Because instruments works by sampling memory every so often, so it might take a little bit for instruments to get around to reading the memory after an action.